Australia Markets closed

$A rises after RBA leaves rate on hold

The Australian dollar rose above 104 US cents after the central bank left the cash rate on hold at 3.25 per cent at its November board meeting.

The currency was trading at 103.69 US cents at 1429 AEDT, just before the decision was announced, and rose to 104.09 US cents by 1439 AEDT.

It finished Monday's local session at 103.68 US cents.